0001395942-18-000002.txt : 20180109
0001395942-18-000002.hdr.sgml : 20180109
20180109162350
ACCESSION NUMBER: 0001395942-18-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180105
FILED AS OF DATE: 20180109
DATE AS OF CHANGE: 20180109
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BOURELL TODD F
CENTRAL INDEX KEY: 0001269126
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34568
FILM NUMBER: 18519338
MAIL ADDRESS:
STREET 1: 20 CUSTOM HOUSE STREET
STREET 2: SUITE 610
CITY: BOSTON
STATE: MA
ZIP: 02110
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KAR Auction Services, Inc.
CENTRAL INDEX KEY: 0001395942
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500]
IRS NUMBER: 208744739
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
BUSINESS PHONE: (800) 923-3725
MAIL ADDRESS:
STREET 1: 13085 HAMILTON CROSSING BOULEVARD
CITY: CARMEL
STATE: IN
ZIP: 46032
FORMER COMPANY:
FORMER CONFORMED NAME: KAR Holdings, Inc.
DATE OF NAME CHANGE: 20070409
4
1
wf-form4_151553301688013.xml
FORM 4
X0306
4
2018-01-05
0
0001395942
KAR Auction Services, Inc.
KAR
0001269126
BOURELL TODD F
13085 HAMILTON CROSSING BLVD.
CARMEL
IN
46032
1
0
0
0
Common Stock
Common Stock
8169.0
8169
D
Common Stock
2018-01-05
4
A
0
57.9682
51.53
A
Common Stock
57.9682
423.5408
D
The phantom stock will convert into shares of KAR common stock on a one-for-one basis.
Represents director fees deferred in the reporting person's account in the KAR Auction Services, Inc. Directors Deferred Compensation Plan. 2,594 shares of phantom stock were granted on June 5, 2017 at a price of $44.34 per share pursuant to the KAR Auction Services, Inc. 2009 Omnibus Stock and Incentive Plan and will be settled only for shares of KAR common stock on a one-for-one basis. One-fourth of this grant vests every three months from the date of the grant and such grant is subject to forfeiture until vested. All other shares of phantom stock are vested.
The reporting person will receive shares of KAR common stock, on a one-for-one basis, at a future date(s) specified by him subject to the terms and conditions of the KAR Auction Services, Inc. Directors Deferred Compensation Plan.
Reflects the reinvestment of dividend equivalents in additional shares of phantom stock pursuant to the KAR Auction Services, Inc. Directors Deferred Compensation Plan, of which 384.0021 shares are vested and the remaining shares will vest as follows: 19.7693 shares vest on March 5, 2018 and the remaining 19.7695 shares vest on June 5, 2018.
Rebecca Polak, Attorney In Fact
2018-01-09